Why Cant You Have Health Insurance That Travels from Job to Job? Answer: Obamacare
Also published in Forbes Wed. November 26, 2014
Public opinion polls have consistently shown that one of the things people like least about our health insurance system is the lack of portability. When you leave one employer to work for another you can take your 401(k) plan with you. But you cant take your health insurance. Why is that?
There are exceptions to the rule. When professional football players switch teams they can keep their health insurance. Ditto for United Mine Workers. But for the vast majority of us, health insurance is tied to the job. Leave your employer and you must leave your health insurance behind. (See my review in Health Affairs.)
John C. Goodman is a Senior Fellow at the Independent Institute and President of the Goodman Institute for Public Policy Research.
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